213 OLETA WAY
About This Property
Palencia offers resort-style amenities including championship golf, tennis, pickleball, fitness center, pools, parks, and miles ofscenic trails. Conveniently located just minutes from historic downtown St. Augustine, beautiful beaches, shopping, and dining, and zoned for highly rated St. Johns County schools. An exceptional opportunity to own a nearly new pool home on one of Palencia's most desirable homesites.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 18, 2026 | Sold | ||
| Sold | |||
| Aug 17, 2026 | In contract | - | |
| In contract | |||
| Aug 8, 2026 | Price Decreased |
$799,000
↓ $10K
(1.2%) | |
| Price Decreased | |||
| Jul 7, 2026 | Listed by BERKSHIRE HATHAWAY HOMESERVICE | $809,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICE | |||
| Dec 8, 2022 | Sold | ||
| Sold | |||
Property Highlights
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Price/ft²
Listed On
Sold On
About St. Johns
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,600 /mo
- 3 Beds
- 2 Baths
- 1,700 ft²
$3,150 /mo
- 4 Beds
- 3 Baths
- 3,002 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017